13 Apr '17, 2pm

Another unique project underway, here’s how companies can gain the same approval https://t.co/blyhEfBNcO

Another unique project underway, here’s how companies can gain the same approval https://t.co/blyhEfBNcO

GE Energy has been contracted to supply two 2.3-116 wind turbines from GE Renewable Energy’s Onshore Wind business, along with 1 MW of solar power conversion equipment provided by their current business. Although the approved 4.6 megawatt (MW) project is relatively small, GE Energy has high expectations in terms of its potential profitability. The company predicts that the global market for Hybrid Solar Wind projects could reach up to $1.47 billion by 2024. The US sector size was already valued at $195 million in 2015, and is anticipated to reach over $300 million by 2024. How will it work? This project will utilize GE’s Wind Integrated Solar Energy technology platform to merge the solar panels through the wind turbine’s converter so that both wind and solar share all the same balance of plant. GE estimates that the move will make for a 3-4% increase in system net capacity...

Full article: http://www.renewableenergymagazine.com/al-maiorino/anothe...

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